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China and world at risk of financial turmoil greater than 2008 crisis, ex-finance minister warns

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[unable to retrieve full-text content]China could be locked into a no-win global situation for years, with the world on the brink of financial turmoil that could surpass that of the global financial crisis more than a decade ago, former Chinese finance minister Lou Jiwei has warned.Speaking at an economic forum in Shanghai, Lou, currently chairman of the foreign affairs committee of the Chinese People’s Political Consultative Conference (CPPCC) National Committee, urged the world’s major economies to rapidly roll back their…

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[unable to retrieve full-text content]
China could be locked into a no-win global situation for years, with the world on the brink of financial turmoil that could surpass that of the global financial crisis more than a decade ago, former Chinese finance minister Lou Jiwei has warned.Speaking at an economic forum in Shanghai, Lou, currently chairman of the foreign affairs committee of the Chinese People’s Political Consultative Conference (CPPCC) National Committee, urged the world’s major economies to rapidly roll back their…

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